Interest Rates In Banks

Savings Deposit: 4% from 01 April 2015 (4% from 01 April 2014)
1 Year Time Deposit: 8.4% (8.4%)
2 Year Time Deposit: 8.4% (8.4%)
3 Year Time Deposit: 8.4% (8.4%)
5 Year Time Deposit: 8.5% (8.5%)
5 Year Recurring Deposit: 8.4% (8.4%)
5 Year SCSS: 9.3% (9.2%)
5 Year MIS: 8.4% (8.4%)
5 Year NSC: 8.5% (8.5%)
10 Year NSC: 8.8% (8.8%)
PPF: 8.7% (8.7%)
Kisan Vikas Patra: 8.7% (8.7%)
Sukanya Samriddhi Scheme: 9.2% (9.1%)

Rates in bracket are as applicable from 1.4.2014 to 31.03.2015.

The above rates will be effective from 1.4.2015. Thus, the rates on many of the small savings scheme have undergone an upwards revision vis-vis 2014-15.